Marchex Inc. has approved updated compensation packages for its executive team. Effective October 16, 2025, Troy Hartless, President and Chief Revenue Officer, will receive an annual base salary of $400,000; Francis Feeney, Chief Operating Officer and Chief Legal Officer, will receive $375,000; and Brian Nagle, Chief Financial Officer, will receive $275,000. Each executive was also granted stock options and restricted stock units (RSUs) under the company's 2021 Stock Incentive Plan, with Hartless and Feeney each receiving 150,000 options and 150,000 RSUs, and Nagle receiving 125,000 options and 125,000 RSUs. The options vest over four years, while the RSUs vest fully after four years. The agreement also outlines severance terms for Nagle, including a lump sum payment and COBRA benefits in certain termination scenarios, and immediate vesting of equity in the event of a change in control or qualifying termination.